Dredging Corporation of India Limited Roadshow Presentation2015.pdf · Dredging Corporation of India Limited - A Government of India Enterprise 2 This presentation is issued by Dredging

Dredging Corporation of India Limited A Government of India Undertaking

AUGUST 16, 2015

CORPORATE PRESENTATION

Dredging Corporation of India Limited - A Government of India Enterprise 2

This presentation is issued by Dredging Corporation of India Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment therefor. This presentation does not solicit any action based on the material contained herein. Nothing in this presentation is intended by the Company to be construed as legal, accounting or tax advice.

This presentation is strictly confidential and may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of the applicable securities laws. This presentation is not intended for distribution or publication in the United States or Japan. Neither this document nor any part or copy of it may be distributed, directly or indirectly, in the United States or Japan. The distribution of this document in certain jurisdictions may be restricted by law and persons in to whose possession this presentation comes should inform themselves about and observe any such restrictions. By reviewing this presentation, you agree to be bound by the foregoing limitations. You further represent and agree that (i) you are located outside the United States and you are permitted under the laws of your jurisdiction to receive this presentation or (ii) you are located in the United States and are a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

This presentation is not an offer to sell or a solicitation of any offer to buy the securities of the Company in the United States or in any other jurisdiction where such offer or sale would be unlawful. Securities may not be offered, sold, resold, pledged, delivered, distributed or transferred, directly or indirectly, in to or within the United States absent registration under the Securities Act, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Company’s securities have not been and will not be registered under the Securities Act.

This presentation has been prepared by the Company based upon information available in the public domain. This presentation has not been approved and will not or may not be reviewed or approved by any statutory or regulatory authority in India or by any Stock Exchange in India. This presentation may include statements which may constitute forward-looking statements. The actual results could differ materially from those projected in any such forward-looking statements because of various factors. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise.

This presentation contains certain forward-looking statements relating to the business, financial performance, strategy and results of the Company and/or the industry in which it operates. Forward-looking statements are statements concerning future circumstances and results, and any other statements that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements, including those cited from third party sources, contained in this presentation are based on numerous assumptions and are uncertain and subject to risks. Neither the Company nor its affiliates or advisors or representatives nor any of its or their parent or subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this Presentation or the actual occurrence of the forecasted developments. Forward-looking statements speak only as of the date of this presentation. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this presentation as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward looking statements are based.

The information contained in these materials has not been independently verified. None of the Company, its Directors, the President of India, acting through the Ministry of Shipping, Government of India (“Promoter”) or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this document or its contents or otherwise in connection with this presentation, and makes no representation or warranty, express or implied, for the contents of this presentation including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. Past performance is not a guide for future performance. The information contained in this presentation is current, and if not stated otherwise, made as of the date of this presentation. The Company undertake no obligation to update or revise any information in this presentation as a result of new information, future events or otherwise. Any person/ party intending to provide finance/ invest in the shares/ businesses of the Company shall do so after seeking their own professional advice and after carrying out their own due diligence procedure to ensure that they are making an informed decision. By attending this presentation you acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future business of the Company.

Disclaimer

Agenda

INDUSTRY OVERVIEW

COMPANY OVERVIEW

COMPANY STRENGTHS AND STRATEGIES

OPERATIONAL AND FINANCIAL PERFORMANCE

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2

3

4

ANNEXURE 5


Industry Overview

Capital dredging projects are primarily port creation and expansion projects, which also involve the deepening and/or widening of channels to allow access by larger and deeper draught ships and also the provision of land fill for building additional port facilities, thereby enhancing port capability.

Dredging is the process of excavating or removing soil or rock from below water using dredgers. The operation of dredging involves two main stages (i) the material to be removed has to be disturbed and loosened and then lifted to the water surface and (ii) every cubic meter of material dredged should be relocated or disposed of to a suitable disposal site as identified. The main objective of dredging is the creation of deeper and/or wider waterways to improve navigation of ships.

Dredging market is a composition of various types of activities such as:

(Source: The Handbook Dredging (A dredging reference manual) published by Applied Dredging Consultancy, The Hague Netherlands, 1989 in association with Ministry of Foreign Affairs, Kingdom of Netherlands and then the Ministry of Surface Transport, Republic of India)

Capital Dredging (creating depths)

Maintenance dredging consists of the restoration of designed depths of waterways and harbors by removing silt, sand and other accumulated sediments. Due to natural sedimentation, active channels generally require periodic maintenance dredging, thus creating a continuous source of dredging work that typically must be carried out if the navigability of the channels is to be maintained.

Maintenance Dredging

(maintaining depths)

Inland dredging consists of dredging in rivers, canals, lakes and other inland bodies of water. It is used to create or maintain depths in inland waterways for inland transportation, for flood control, to increase capacity of silted ponds and also to remove polluted sediments.

Inland Dredging

Reclamation dredging involves capital dredging and is the raising of land levels and creation of land. Beach nourishment dredging generally involves moving sand from the seabed to shoreline locations when erosion has progressed to a stage that threatens substantial shoreline assets or affects tourism.

Dredging for land reclamation


Tourism Development| Beach nourishment

Indian Dredging Market

The increased focus on infrastructure and impetus by the government to make India a global trans-shipment hub, coupled with some of the large dredging projects already announced, reflects the high potential of the Indian dredging market.

Demand Drivers

Deeper Draft at Ports | Atleast 14 mtrs . Increase in EXIM Trade and throughput Capacity at Ports Land Reclamation

Emerging Trends | Ultra Mega Size Vessels

Consistent maintenance and capital dredging at existing ports

Inland Transport & water linking projects

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2

3

4

5

6

7

Market Size ~Rs. 20,000 Cr. by 2020


Maintenance Dredging Forecast 12th Five year Plan

Port 2012-13 2013-14 2014-15 2015-16 2016-17 Total

Kolkata 22.00 22.00 24.00 22.00 21.00 111.00

Paradip 6.00 6.0 6.0 6.0 6.0 30.00

Vizag 0.75 0.75 0.75 0.75 0.75 3.75

Chennai 1.20 1.20 1.20 1.20 1.20 6.00

Tuticorin - - - - - -

Cochin 18.00 18.00 18.00 18.00 18.00 90.00

New Mangalore 6.00 6.00 6.00 6.00 6.50 30.50

Marmugao 4.00 4.00 4.00 4.00 4.00 20.00

Mumbai 1.50 4.50 4.50 5.50 5.50 21.50

JNPT - - 6.30 6.30 6.30 18.90

Kandla 6.50 7.50 9.00 10.50 12.00 45.50

Ennore 0.60 0.60 0.60 0.60 0.60 3.00

Indian Navy 4.62 4.62 4.62 5.62 4.62 24.10

Sub Total 71.17 75.17 84.97 86.47 86.47 404.25

Minor ports & others 16.23 21.50 29.72 27.70 30.52 125.58

Total 87.40 96.67 114.69 114.17 117.00 529.83

Source: Report of working group for port sector for the 12th five year plan, Ministry of Shipping, Government of India

In Million Cubic Mtrs.


Port 2012-13 2013-14 2014-15 2015-16 2016-17 Total

Kolkata - 20.88 - - - 20.88

Paradip 0.65 2.00 4.50 2.50 5.20 14.85

Vizag 2.92 0.58 1.35 5.00 5.50 15.35

Chennai - 7.95 4.80 3.90 - 16.65

Tuticorin 0.52 14.37 7.50 4.18 0.91 27.48

Cochin 0.50 1.00 - 3.00 5.00 9.50

New Mangalore 0.50 - - 0.50 3.50 4.50

Marmugao - 3.50 3.50 3.50 3.40 14.0

Mumbai 4.45 2.00 3.00 - - 9.45

JNPT 30.0 24.75 - - - 54.75

Kandla 0.30 1.50 9.80 2.00 1.50 15.10

Ennore 5.00 5.00 5.50 2.00 - 17.50

Indian Navy 0.60 0.50 - - - 1.10

Sub Total 45.44 84.03 39.95 26.58 25.11 221.11

Minor ports & Others 109.95 129.98 88.99 51.46 37.67 418.03

Total 155.39 214.01 128.94 78.04 62.78 639.14

Source: Ministry of Shipping

In Million Cubic Mtrs.

Capital Dredging Forecast 12th Five year Plan


List of Major Dredging Companies operating in India

Company No. Of Dredgers (as of 2014)

TSHDs CSDs BackHoes Others Total

Adani Ports and SEZ Ltd. 1 12 - 3 16

Boskalis Dredging India Pvt. Ltd. * 23 18 15 9 65

Chellaram Shipping Pvt. Ltd., Mumbai 2 - - - 2

Dharti Dredging and Infrastructure Ltd., Hyderabad

- 10 2 4 16

International Seaports Dredging Pvt. Ltd., Chennai *

25 20 7 8+ 60+

Jan De Nul Dredging India Pvt. Ltd.* 28 15 6 35+ 84+

Mercator Limited, Mumbai 5 1 - - 6

Van Oord India Pvt Ltd * 21 23 5 42 91

Note: * Indian Arms of Foreign Companies. These are foreign fleet details.

Source : Dredgers of the world


`

Large European dredging companies

have traditionally dominated the

international dredging market. Europe

has been the traditional hub of the

international dredging markets with

activities concentrated in Netherlands,

Belgium and the United Kingdom with

the five leading Dutch and Belgian

companies controlling a substantial

portion of the international dredging

market.

International Dredging Companies

Company Country

Royal Boskalis Westminster N.V. Netherlands

Van Oord B.V Netherlands

Ballast Ham Dredging B.V Netherlands

Dredging International N.V Netherlands

Jan de Nul Group of Companies Belgium

Great Lakes Dredge & Dock Company U.S.

Penta-Ocean Construction Co., Ltd. Japan

Notes: In addition to the leading international dredging companies listed above, countries including China, Japan, Korea, the United Kingdom and the Ukraine have large dredging companies mostly focused on their respective domestic markets.

Malaysia Inai Kiara

U.S Weeks Marine Inc.

Belgium Dredging, Environmental and Marine Engineering

China China Harbour Engineering Company

Abu Dhabi, U.A.E National Marine Dredging Co.

South Korea Hyundai Engg . & Construction

Agenda

INDUSTRY OVERVIEW

COMPANY OVERVIEW



ANNEXURE

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5


Company Overview

Established in 1976 as a Public Sector Undertaking (“PSU”) under the administrative control of the Ministry of Shipping to provide integrated dredging services to India’s Major Ports, Non-Major Ports, Shipyards and Indian Navy in the form of maintenance dredging, capital dredging, reclamation, hydrographic surveys and beach nourishment

Equity Shares listed on NSE, BSE, DSE and CSE

Estimated market share of 75.6% in maintenance dredging and 64.9% in capital dredging during Fiscal 2015

Conferred with “Mini Ratna Category I status” by the GOI in November 1999

Government of India undertaking – 78.56% shareholding held by GOI as on June 30, 2015

Key customers for Fiscal 2015 include Kolkata Port (Haldia), Kandla Port, Ennore Port, Cochin Port, Visakhapatnam Port.

Owns and operates 12 Trailer Suction Hopper Dredgers, 3 Cutter Suction Dredgers and 1 Back hoe Dredger

Premier dredging company in India in terms of hopper capacity & quantity dredged


Milestones

Incorporated as Public Sector Undertaking March 1976

Disinvestment of 1.44% shareholding by the GoI March 1992

Listing of the equity shares on the BSE, CSE and DSE October 1992

Conferred with “Mini Ratna - Category - I public sector enterprise” status by GoI November 1999

Listing of the equity shares on NSE January 2004

Disinvestment of 20% shareholding by the GoI March 2004

Approval by the Cabinet Committee on Infrastructure to procure 3 new Trailer Suction Hopper Dredgers of 5500 Cu.M capacity each

April 2010

Milestone Date

Award of contract for 2 TSHD of 5500 cubic meter hopper capacity to IHC Dredgers BV, Holland

April 2010

Award of contract for 3rd TSHD of 5500 cubic meter hopper capacity to IHC Dredgers BV, Holland

February 2011

DCI DRXIX a 5500 Cum capacity Trailer suction dredger joined the fleet. December 2012

DCI DRXX a 5500 Cum capacity Trailer suction dredger joined the fleet. June 2013

DCI DRXXI a 5500 Cum capacity Trailer suction dredger joined the fleet. March 2014


Board of Directors

Mr. M.S.Rao, aged 51 years, is the Director (Operational & Technical) of the Company since June 2015. He holds a bachelor’s degree in Technology (Civil Engineering) from Regional Engineering College, Warangal and also hold a Degree in Masters of Business Administration from Andhra University, Visakhapatnam.

Previously, he was General Manager (PE) and also Head of Marketing, Operations and Human Resources Departments in DCI. He has vast experience in different fields of dredging and other civil engineering projects.

Prior to joining DCI , he worked as Assistant General Manager with SIDBI and NABARD as Banks Engineer .

Mr. S.Charles, aged 54 years, is the Director (Finance) of the Company since December , 2014. He holds a degree in Bachelors of Science and is a Member of both Institute of Chartered Accountants of India and Institute of Company Secretaries of India . He is also a Member of Institute of Chartered Ship Broker (London).

Previously he was the Vice President of Shipping Corporation of India Limited from 1988 till 2014. Prior to that from 1985 to 1987 he worked with M/s Peekay Consultants, Chennai.

Mr. Rajesh Tripathi , aged 54 years, is the Chairman & Managing Director (CMD) of the Company since February 2015 . He worked with Ministry of Railways prior to Joining DCI.

He is 1982 batch Indian Railways Services Engineering (IRSE) Officer. He holds Master degree – M.Tech (Structures) and Post Graduate Diploma in Business Management

He Joined Railways in 1984 and held several prestigious posts including project Director of IRCON, Malaysia Railway Project and Chief Engineer of Jammu & Kashmir Railway Project.

He also worked as Director (Way & Works) in Konkan Railway Corporation.

Mr. S.Charles

Director (Finance)

Mr. M. S. Rao

Director (Operational &

Technical)

Mr. Rajesh Tripathi

Chairman and

Managing Director

Mr. B.Poiyaamozhi, aged 59 years, is an Ex-Officio Government Nominee Director of the Company since April 2013 . He is a Master of Engineering from Chennai and also a Member of Institute of Engineers, Kolkata and PIANC, Belgium. He is presently Development (Advisor) in Ministry of Shipping.

He worked in several important positions including Chennai Port Trust, Kolkata Port Trust. His area of expertise includes Port and Harbour Engineering, Planning, Operation aspects including Dredging, planning

aspects of Road/Rail connectivity to Ports etc.

Mr. B. Poiyaamozhi

Government

Director

Mr. Barun Mitra, aged 53 years, is an Ex-Officio Government Nominee Director of the Company since January 2015 . He is a Master of Arts (History) from St. Stephen’s College, Delhi and holds LL.B from Delhi University. He is from Indian Administrative Service ,joined Ministry of Shipping as Joint Secretary (Shipping) in January, 2015.

He worked in several important positions both at State and Central Level including in the Secretariats of President of India, Government of Manipur and Income Tax Office.

He is also director of GoI on the board of Shipping Corporation of India Ltd. and Cochin shipyard Ltd.

Mr. Barun Mitra

Government Director


Major Completed Projects | Maintenance Dredging

Sr.

No. Name of the work Period

Quantity

Dredged

(Mn. Cubic

Mtrs.)

Amount

(Rs. Million.)

1 Dredging in the Approach Channels at Haldia &

Kolkata 2005-2015 228.00 31,200

2 Dredging of channels and Basins at Cochin Port 2006-07 &

2011-2015 93.80 5,004

3 Dredging in the Navigational Channel of Kandla

Port

2005-06 &

2012-2014 15.68 2,333

4 Dredging in Approach Channel & Lagoon of New

Mangalore Port 2005-2011 29.91 1,929

5 Dredging in Approach Channel, Turning Circle and

sand Trap of Paradip Port 2005-2010 11.39 1,670

6 Dredging in Approach Channel & Harbour Basin of

Mormugao Port

2005-06 &

2008-2012 20.44 1,275

7 Dredging of Naval Channel at Ernakulam, SNC

Kochi

2005-07,

2010-12 &

2014-15

5.45 999


Sr.

No. Details of Project Period

Quantity

Dredged

(Mn. Cubic

mtrs)

Amount

(Rs. Million.)

8 Dredging of Haldia Oil Jetties in the vicinity of

Haldia Dock Complex 2012-2015 3.60 510

9 Dredging in Approach Channel & Anchorage

of Jawaharlal Nehru Port 2005-2008 3.00 398

10

Dredging at Inner Approach Channel, Turning

Basin, Approaches and in front of GCBs of

Karwar Port

2011-2012 1.80 307

11

Dredging in the Approach Channel, Berthing

Pocket & Turning Circle of LNG Terminal of

RGPPL, Dhabol

2014-2015 1.20 197

12 Dredging of Naval Area at Visakhapatnam 2009-2010 0.72 131

Major Completed Projects | Maintenance Dredging


Sr. No.

Details of Project Period Quantity Dredged (Mn. Cubic. Mtrs.)

Amount (Rs. Million.)

1 Deepening of Channel at Paradip Port 2008-10 15.88 2479

2 Dredging at Kamarajar Port Phase-II 2011-12 6.50 1041

3 Dredging in Navigational Channel of Kandla Port 2012-14 3.00 871

4 Dredging at Kandla Cargo Berth Nos. 13 to 16. 2013-14 1.10 518

5 Dredging at Mooring Dolphin MD1 to MD6 of Marmugao Port

2009-10 1.30 499

6 Dredging for Deepening of CICTPL, CB1 & 2 berths and approaches at Kamarajar Port

2014-15 1.05 464

7 Dredging in the Northern Arm from Inner Harbour Turning Circle to EQ-10 of Visakhapatnam Port

2014-15 0.98 349

8 Dredging at ICTT basin & Channel at Cochin port 2011-12 1.00 259

9 Dredging at sand trap and other areas of Gangavaram Port

2011-14 1.21 300

10 Dredging at Kanakesanthurai Harbour, Sri Lanka 2012-13 0.30 103

11 Dredging at general cargo berth, Vedanta’s terminal at Visakhapatnam port

2011-12 0.11 20

Major Completed Projects | Capital Dredging

Agenda

INDUSTRY OVERVIEW

COMPANY OVERVIEW



ANNEXURE

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5


Key Strengths

DCIL

Profitable Business

Flexible portfolio of

dredging assets

Mini Ratna Category I

PSU

Established track record

Strong relationships

with Customers

Premier and the only PSU

dredging company in

India


Competitive Strengths

Leader in maintenance dredging in India through combination of usage of advanced equipment and experience. Sized as the largest dredging company in India and extensive experience significantly enhances the ability to bid profitably bid and complete the contracts awarded.

Operates a diverse dredging fleet which is the largest in India in terms of capacity. The size, versatility and technical capabilities of DCI’s fleet improves its competitiveness as it generally permits it to select the appropriate equipment for a particular maintenance dredging job.

To maintain the value and effectiveness of fleet, DCI emphasizes on preventive maintenance so as to reduce the downtime, increase profitability, enhance the vessel life.

A premier and the only PSU dredging company in India.

Preferred dredging company for Major Ports and Indian Navy.

Has been in dredging business since 1976 catering to the dredging requirements of the Major Ports & Indian Navy.

Flexible portfolio of dredging

assets

Only PSU dredging

company in India

Strong relationships

with Customers

Conferred with the status of “Mini Ratna - Category - I public sector enterprise” by the GOI in November, 1999, which enables in exercising autonomy in operations and taking financial decisions.

Mini Ratna Status

The senior management team as well as the floating personnel who manage the dredgers have vast experience in the dredging and maritime industries which provides a significant edge over the competitors.

Experienced management

team


Key Strategies

Enhancement of market share in maintenance dredging and more participation in capital dredging in India

Enhancement of the fleet capability

Reducing operational costs

Strategic alliances through long term contracts with major ports

Optimize capacity utilization Making forays in foreign dredging market`

Project Management Consultancy

Port Infrastructure Projects

Coastal Dredging/ Inland Dredging


Diversification Plan of DCI

Coastal Shipping

The forecasted economic growth for India is expected to transcend to the shipping industry which in turn is expected to post high growth. This would result in increase in the number of dredging (shipping) vessels servicing the Indian shores, which would require operational management. However due to DCI’s lack of existing capability coupled with no related synergies, DCI can at best only expect to be a small player in the Coastal Shipping Segment.

Dredge Repair Yard

The past couple of years has seen a large number of international players enter the Indian dredging market. This coupled with the rise of few domestic players has increased the total dredging fleet within the Indian market.

Presently India and its neighbouring countries do not possess a dredge repair yard of international repute to service and maintain these technically complex vessels. Thus this option can be considered by DCI in partnership with a shipyard to service captive requirements and for other customers in the region


Diversification Plan of DCI

Soil Trading

This area is very nascent and not particularly well developed in India currently, although international majors have diversified into this area. The growth potential and entry barriers would largely depend on the market dynamics in future

Civil Construction

A growing trend evidenced in large port contracts is that these are being awarded on a turnkey basis to a consortium displaying both civil and dredging capabilities. To be able to cash in on this opportunity DCI needs to enter into a consortium to offer turnkey solutions to client as developing this skill set in-house may be difficult and capital intensive.

Training

At present there is no Institute offering formal education and training in the dredging field in India. DCI can enter into a tie up with some of the management institutes in India to impart formal education in this space and can also leverage this course to carry out research and development to further its technological know-how


Dredger Fleet of DCI

Sr. No.

Name of the Vessel

Year of built

Hopper Capacity Cu.M

Max. Draft in Mtrs.

Max. Dredging depth in mtrs.

1 DCI DREDGE -VI 1975 3770 6.30 22

2 DCI DREDGE-VIII 1977 6500 8.50 25

3 DCI DREDGE-IX 1984 4500 7.50 25

4 DCI DREDGE -XI 1986 4500 7.50 25

5 DCI DREDGE-XII 1990 4500 6.50 22

6 DCI DREDGE-XIV 1991 4500 6.50 22

7 DCI DREDGE-XV 1999 7400 8.50 25

8 DCI DREDGE-XVI 2000 7400 8.50 25

9 DCI DREDGE-XVII 2001 7400 8.50 25

10 DCI DREDGE-XIX 2012 5500 6.50 25

11 DCI DREDGE-XX 2013 5500 6.50 25

12 DCI DREDGE-XXI 2013 5500 6.50 25

Average age of TSHDs is 20 years Source: Company Website


Fleet of DCI

Cutter Suction Dredgers (CSDs)

Sr. No.

Name of the vessel Year of built Max. Pumping

distance in Mtrs.

Total Installed

Power in Kw .

Max. Draft in Mtrs.

Max. Dredging depth in

Mtrs

1 DCI DREDGE -VII 1976 3000 6,315 2.50 22

2 DCI DREDGE -AQUARIUS 1977 6000 12,909 4.85 25

3 DCI DR-XVIII 2009 3000 10,662 3.00 25

Backhoe Dredger (BH-1)

Sr. No.

Name of the vessel Year of

built Production

Total Installed Power in Kw

Max. Draft in Mtrs.

Max. Dredging

depth in Mtrs

1 DCI Backhoe-1 2011 370 Cum /

Hr 1342 2.30 21.50

Average age of CSDs is 28 years

Source: Company Website

Agenda

INDUSTRY OVERVIEW

COMPANY OVERVIEW



ANNEXURE

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5


Financial Snapshot (Rs. in million)

Particulars June 15 FY15 FY14 FY13 FY12 FY11

Networth -- 14,743 14,234 13,957 13,817 13,686

Long Term Debt -- 10,387 11,144 7,771 2,600 --

Current Liabilities -- 3,702 4132 3,439 2,123 2,706

Current Assets -- 8,369 8,456 9,399 7,810 9,459

Total Revenue 1,704 7,438 7,727 6,380 4,976 5,227

Total Expenses 1,527 6,784 7,339 6,164 4,800 4,778

EBITDA 489 1,820 1,881 1,132 1,055 1,152

Profit Before Tax 177 654 388 216 176 449

Net Profit 167 624 375 205 132 395

Earnings per Share (in Rs.) 5.96 22.29 13.41 7.32 4.71 14.11

Current Ratio (times) -- 2.26 2.05 2.73 3.68 3.50

Gross Debt Equity Ratio (times) -- 0.63 0.88 0.52 0.19 -

Return on Capital Employed(%) -- 3.66 1.80 1.39 1.59 3.86



Operational Efficiency | Capacity Utilisation

Year Dredging Days Quantity (Mln Cu.M)

Actual % Utilisation Actual % Utilisation

2012-13 2956 88% 59.3 80%

2013-14 3232 83% 74.0 91%


Registered Office: Core-2,1st Floor, 'Scope Minar’, Plot No.2A & 2B, Laxmi Nagar Dist. Centre, Delhi-110091 Tel. No.: +91 011 2244 8528; Fax: +91 011 2244 8527 Corporate Office: “Dredge House”, Port Area, Visakhapatnam- 530 035, Andhra Pradesh Tel. No.: +91 0891 2523250; Fax: +91 0891 2560581 Website: www.dredge-india.com

Thank You

Agenda

INDUSTRY OVERVIEW

COMPANY OVERVIEW



ANNEXURE

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2

3

4

5


Length Overall 104.0 M Breadth 15.50 M Draft 6.31 M Speed in Knots 10 Hopper Capacity 3770 M3 Propulsion Power 2 X 1700 HP Dredging Power 2 X 1200 HP Maximum Dredging Depth 22.00 M Gross Tonnage 3802 Official Call Sign 1641 ATNA Inmarsat Id 44195 6410

Length Overall 124.30 M Breadth 19.50 M Draft 8.50 M Speed in Knots 13 Hopper Capacity 6500 M3 Propulsion Power 4 X 1670 HP Dredging Power 2 X 1900 HP Maximum Dredging Depth 25.00 M Gross Tonnage 8151 Official Call Sign 1747 ATRM Inmarsat Id 44195 6510

Fleet of DCI- TSHDs

Dredge VI

Dredge VIII

Length Overall 102.60 M Breadth 18.20 M Draft 7.50 M Speed in Knots 13.80 Hopper Capacity 4500 M3 Propulsion Power 2 X 5250 HP Dredging Power 2 X 1428 HP Maximum Dredging Depth 25.00 M Gross Tonnage 5159 Official Call Sign 2140 VVGS Inmarsat Id 44195 6710

Dredge XI



Length Overall 110.31 M Breadth 21.00 M Draft 5.50 M Speed in Knots 13.00 Hopper Capacity 4500 M3 Propulsion Power 2 X 3887 HP Dredging Power 2 X 1005 HP Maximum Dredging Depth 22.00 M Gross Tonnage 6355 Official Call Sign 2406 VTTM Inmarsat Id 44195 6810

Length Overall 110.31 M Breadth 21.00 M Draft 5.50 M Speed in Knots 13.00 Hopper Capacity 4500 M3 Propulsion Power 2 X 3887 HP Dredging Power 2 X 1005 HP Maximum Dredging Depth 22.00 M Gross Tonnage 6355 Official Call Sign 2407 VTTN Inmarsat Id 44195 6910

Fleet of DCI- TSHDs

Dredge XII

Dredge XIV

Length Overall 102.60 M Breadth 18.20 M Draft 7.50 M Speed in Knots 13.80 Hopper Capacity 4500 M3 Propulsion Power 2 X 5250 HP Dredging Power 2 X 1428 HP Maximum Dredging Depth 25.00 M Gross Tonnage 5159 Official Call Sign 2003 VWCM Inmarsat Id 44195 6610

Dredge IX



DCI DREDGE- XXI

Length Overall 114.00 M Breadth 21.30 M Draft 7.50 M Speed in Knots 14.10 Hopper Capacity 5500 M3 Propulsion Power 2 X 4100 HP Dredging Power - Maximum Dredging Depth 25.00 M Gross Tonnage 6970 Official Call Sign 3836 AVLK Inmarsat Id 41900 0296

DCI DREDGE- XX

Length Overall 114.00 M Breadth 21.30 M Draft 7.50 M Speed in Knots 14.10 Hopper Capacity 5500 M3 Propulsion Power 2 X 4100 HP Dredging Power - Maximum Dredging Depth 25.00 M Gross Tonnage 6970 Official Call Sign 3760 AVID Inmarsat Id 41900 0189

Fleet of DCI- TSHDs



DCI DREDGE- AQUARIUS

Length Overall 107.00 M Breadth 19.00 M Draft 7.60 M Draft (Dredging) 4.85 M Speed in Knots 14.10 Installed power 12,909 Kw Dredging Power - Max. Pumping 6000 M Maximum Dredging Depth 25.00 M Gross Tonnage 2094 Official Call Sign 2461 VTXM

* Self Propelled CSD

DCI DREDGE- VII

Length Overall 86.00 M Breadth 14.50 M Draft 4.00 M Draft (Dredging) 2.50 M Speed in Knots 14.10 Installed power 6315 Kw Cutter power 1000 Hp Maximum Dredging Depth 22.00 M Max. Pumping Distance 3000 M

Fleet of DCI- CSDs



DCI DREDGE- XVIII

Length Overall 88.00 M Breadth 16.00 M Draft 3.00 M Installed power 10,662 Kw Cutter Power 1600 Kw Dredging Power - Max. Pumping 3000 M Maximum Dredging Depth 25.00 M

DCI BACKHOE I

Length 55.68 M Breadth 16.00 M Depth 3.50 M GRT 977 NRT 293 Maximum Dredging Depth 21.50 M Hourly Production 370 Cum

Fleet of DCI


Documents

Dredging Corporation of India Limited Roadshow Presentation2015.pdf · Dredging Corporation of India Limited - A Government of India Enterprise 2 This presentation is issued by Dredging